Corruption is the single greatest barrier to aid effectiveness. It siphons off funds aimed at stimulating investment and economic growth and alleviating poverty, denying the poor essential public services, such as clean water, sound school construction and reliable medical care.
TI-USA promotes more effective development by heightening attention of multilateral development banks, U.S. bilateral aid agencies and private donors to comprehensive transparency and corruption-risk management in their operations and in projects and countries where they operate.
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TI-USA Provides Input to Review of GAC Phase I
On April 19, 2011, the World Bank's Independent Evaluation (IEG) Group hosted a CSO consultation, as part of its ongoing evaluation of the Implementation Plan of Phase I of the Bank's Governance and Anticorruption Strategy (GAC). TI-USA provided extensive comments and recommendations, which included lessons learned from reports issued by the External Advisory Group. The IEG has also launched an online consultation to collect additional comments. IEG's review is expected to provide input for the design of Phase II of GAC.
TI-USA Discusses Demand for Good Governance at World Bank Event
On February 23, 2011, the World Bank and InterAction jointly hosted a briefing session on the Bank’s Demand for Good Governance (DFGG) program. The session was part of the process of design of Phase II of the World Bank's Governance and Anti-Corruption strategy.
TI Hosts Panel at MDG Summit
At a September 21, 2010 UN MDG Summit side event Huguette Labelle, Transparency International, chaired a panel discussion on the costs of corruption to meeting the Millennium Development Goals. OECD Deputy Secretary General Richard Boucher and UNDP representatives were joined by speakers from Africa One and Global Financial Integrity.
Development Bank Representatives Attend Roundtable on Cross-Debarment Hosted by TI-USA
At a roundtable hosted by TI-USA, speakers from Multilateral Development Banks discussed an agreement to cross debar individuals and firms found to have engaged in wrongdoing on MDB-financed development projects. The World Bank expects to begin cross debarring in June 2010. TI-USA has spoken out on the ramifications of the agreement:
TI Report on Corruption Challenges to MDGs
Corruption hampers progress on Millennium Development Goals. In Anti-Corruption Catalyst: Realising the MDGs by 2015, TI highlights the high costs corruption imposes on improving education, health, and resource access in target countries. See Huffington Post on Corruption & MDG Summit in New York.
International Corruption Hunters Alliance
Enforcement authorities from international organizations and agencies met on April 13, 2011 to discuss greater coordination in the global fight against corruption. The meeting took place in the framework of the World Bank's 2011 spring meeting and achieved a committment to a common declaration to fight corruption. Read the World Bank's press release.
IDB Modifies its Policies to Implement Cross-Debarment Agreement
Almost a year after the signature of the Cross-Debarment Agreement for the mutual recognition of sanctions among multilateral development banks, the IDB has taken necessary steps and modified its policies to implement the agreement. The move was part of a strengthening of the Bank's anti-corruption framework, and followed similar steps by the EBRD, ADB and WB. Read the press release.
President Obama's Speaks at MDG Summit
Calling corruption the "single greatest barrier to prosperity”, President Obama launched his new development policy, urged G20 action on revenue transparency and expressed support for civil society. Read the President's remarks.
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Inter-American Development Bank
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